Karachi, NIT Pakistan Gateway ETF (NITGETF) has announced the successful completion of its rebalancing activity of the portfolio. The company has informed that the iNAV dissemination will be resumed from May 04, 2023, in accordance with the standard practice.
The rebalancing of the portfolio is carried out to ensure that the fund is properly diversified and aligns with its investment objectives. This process involves adjusting the weightings of the underlying assets in the fund to maintain a desired level of exposure to different sectors or asset classes.
The resumption of iNAV dissemination from May 04, 2023, will provide investors with updated information on the net asset value of the fund and the value of each unit, enabling them to make informed investment decisions.
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